Biomarin Ebit Per Revenue vs Revenue Per Share Analysis
BMRN Stock | USD 63.45 0.89 1.42% |
Biomarin Pharmaceutical financial indicator trend analysis is way more than just evaluating Biomarin Pharmaceutical prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Biomarin Pharmaceutical is a good investment. Please check the relationship between Biomarin Pharmaceutical Ebit Per Revenue and its Revenue Per Share accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Biomarin Pharmaceutical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Biomarin Stock, please use our How to Invest in Biomarin Pharmaceutical guide.
Ebit Per Revenue vs Revenue Per Share
Ebit Per Revenue vs Revenue Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Biomarin Pharmaceutical Ebit Per Revenue account and Revenue Per Share. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Biomarin Pharmaceutical's Ebit Per Revenue and Revenue Per Share is 0.58. Overlapping area represents the amount of variation of Ebit Per Revenue that can explain the historical movement of Revenue Per Share in the same time period over historical financial statements of Biomarin Pharmaceutical, assuming nothing else is changed. The correlation between historical values of Biomarin Pharmaceutical's Ebit Per Revenue and Revenue Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit Per Revenue of Biomarin Pharmaceutical are associated (or correlated) with its Revenue Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Revenue Per Share has no effect on the direction of Ebit Per Revenue i.e., Biomarin Pharmaceutical's Ebit Per Revenue and Revenue Per Share go up and down completely randomly.
Correlation Coefficient | 0.58 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Ebit Per Revenue
Revenue Per Share
The amount of revenue generated by a company per share of stock, calculated by dividing total revenue by the average number of shares outstanding.Most indicators from Biomarin Pharmaceutical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Biomarin Pharmaceutical current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Biomarin Pharmaceutical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Biomarin Stock, please use our How to Invest in Biomarin Pharmaceutical guide.At this time, Biomarin Pharmaceutical's Tax Provision is very stable compared to the past year. As of the 22nd of November 2024, Enterprise Value Over EBITDA is likely to grow to 62.57, while Selling General Administrative is likely to drop about 246.1 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.4B | 1.6B | 1.9B | 2.0B | Total Revenue | 1.8B | 2.1B | 2.4B | 2.5B |
Biomarin Pharmaceutical fundamental ratios Correlations
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Biomarin Pharmaceutical Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Biomarin Pharmaceutical fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 4.7B | 5.8B | 6.0B | 6.4B | 6.8B | 7.2B | |
Short Long Term Debt Total | 848.1M | 1.1B | 1.1B | 1.1B | 1.1B | 576.8M | |
Other Current Liab | (13.0M) | 289.2M | 329.4M | 330.3M | 351.6M | 369.2M | |
Total Current Liabilities | 932.5M | 492.5M | 539.8M | 588.9M | 1.2B | 1.2B | |
Total Stockholder Equity | 3.1B | 4.1B | 4.3B | 4.6B | 5.0B | 5.2B | |
Property Plant And Equipment Net | 1.0B | 1.0B | 1.0B | 1.1B | 1.1B | 1.2B | |
Net Debt | 410.7M | 426.0M | 491.8M | 358.5M | 378.7M | 216.1M | |
Retained Earnings | (1.7B) | (861.6M) | (925.7M) | (789.2M) | (621.6M) | (652.6M) | |
Accounts Payable | 570.6M | 191.4M | 193.0M | 231.2M | 315.5M | 331.3M | |
Cash | 437.4M | 649.2M | 587.3M | 724.5M | 755.1M | 792.9M | |
Non Current Assets Total | 2.7B | 3.5B | 3.7B | 3.6B | 3.9B | 4.1B | |
Non Currrent Assets Other | 122.0M | 142.2M | 151.8M | 176.2M | 125.5M | 72.8M | |
Cash And Short Term Investments | 753.8M | 1.1B | 1.0B | 1.3B | 1.1B | 595.1M | |
Net Receivables | 377.4M | 448.4M | 373.4M | 461.3M | 633.7M | 665.4M | |
Common Stock Shares Outstanding | 179.0M | 191.7M | 182.9M | 189.0M | 191.6M | 127.6M | |
Liabilities And Stockholders Equity | 4.7B | 5.8B | 6.0B | 6.4B | 6.8B | 7.2B | |
Non Current Liabilities Total | 635.2M | 1.2B | 1.2B | 1.2B | 713.0M | 586.6M | |
Inventory | 680.3M | 698.5M | 776.7M | 894.1M | 1.1B | 1.2B | |
Other Current Assets | 130.7M | 129.9M | 110.4M | 104.5M | 141.4M | 148.5M | |
Other Stockholder Equity | 4.8B | 5.0B | 5.2B | 5.4B | 5.6B | 5.9B | |
Total Liab | 1.6B | 1.7B | 1.7B | 1.8B | 1.9B | 2.0B | |
Property Plant And Equipment Gross | 1.0B | 1.0B | 1.8B | 1.9B | 1.9B | 2.0B | |
Total Current Assets | 1.9B | 2.3B | 2.3B | 2.8B | 3.0B | 3.1B | |
Accumulated Other Comprehensive Income | 20.2M | (16.1M) | 14.4M | (3.9M) | (38.6M) | (36.7M) | |
Intangible Assets | 456.6M | 417.3M | 388.7M | 338.6M | 294.7M | 244.4M | |
Common Stock Total Equity | 178K | 180K | 182K | 184K | 211.6K | 126.8K | |
Short Term Investments | 316.4M | 416.2M | 426.6M | 567.0M | 318.7M | 276.3M | |
Common Stock | 180K | 182K | 184K | 186K | 189K | 133.2K | |
Other Assets | 612.0M | 1.6B | 1.6B | 1.6B | 1.8B | 1.9B | |
Long Term Debt | 486.2M | 1.1B | 1.1B | 1.1B | 593.1M | 553.3M | |
Property Plant Equipment | 1.0B | 1.0B | 1.0B | 1.1B | 1.3B | 1.3B | |
Other Liab | 98.1M | 174.3M | 113.7M | 73.5M | 84.5M | 81.8M | |
Net Tangible Assets | 2.5B | 3.5B | 3.7B | 4.1B | 4.7B | 4.9B | |
Retained Earnings Total Equity | (1.7B) | (1.7B) | (861.6M) | (925.7M) | (833.1M) | (874.8M) | |
Long Term Debt Total | 830.4M | 486.2M | 1.1B | 1.1B | 1.2B | 730.7M | |
Capital Surpluse | 4.7B | 4.8B | 5.0B | 5.2B | 6.0B | 3.7B | |
Long Term Investments | 412.0M | 285.5M | 507.8M | 333.8M | 611.1M | 353.3M |
Pair Trading with Biomarin Pharmaceutical
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Biomarin Pharmaceutical position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Biomarin Pharmaceutical will appreciate offsetting losses from the drop in the long position's value.Moving together with Biomarin Stock
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Moving against Biomarin Stock
The ability to find closely correlated positions to Biomarin Pharmaceutical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Biomarin Pharmaceutical when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Biomarin Pharmaceutical - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Biomarin Pharmaceutical to buy it.
The correlation of Biomarin Pharmaceutical is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Biomarin Pharmaceutical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Biomarin Pharmaceutical moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Biomarin Pharmaceutical can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Biomarin Pharmaceutical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Biomarin Stock, please use our How to Invest in Biomarin Pharmaceutical guide.You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Biomarin Pharmaceutical. If investors know Biomarin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Biomarin Pharmaceutical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.607 | Earnings Share 1.66 | Revenue Per Share 14.529 | Quarterly Revenue Growth 0.283 | Return On Assets 0.03 |
The market value of Biomarin Pharmaceutical is measured differently than its book value, which is the value of Biomarin that is recorded on the company's balance sheet. Investors also form their own opinion of Biomarin Pharmaceutical's value that differs from its market value or its book value, called intrinsic value, which is Biomarin Pharmaceutical's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Biomarin Pharmaceutical's market value can be influenced by many factors that don't directly affect Biomarin Pharmaceutical's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Biomarin Pharmaceutical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Biomarin Pharmaceutical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Biomarin Pharmaceutical's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.